The investors have increased their buying power in the past 24-hours which has resulted in a huge rally for GreenTrust (GNT). On January 31, the price of GreenTrust was at $0.0000000030 per GREENTRUST, a low price for GreenTrust. At the time of writing, the price for GreenTrust is at a high figure of $0.000000006521 per GREENTRUST.
The data suggests that the bulls have successfully launched a rally in favor of GreenTrust that is at 191.70%. Even the trading volume for GreenTrust has increased by 11150.52% in the past 24-hours, bringing the figure up to $59,704.
For now, the sentiments of the investors are high in favor of GreenTrust. This would give investors the opportunity to make more investments and get more GreenTrust in the process. This would eventually help the bulls increase their power against the bears, bringing GreenTrust up to $0.0000000525.
If the situation keeps turning favorable for the investors, then the price of GreenTrust would reach the second strong resistance mark ($0.00000007875). If the RSI moves in favor of a bullish run, then the investors would feel safer investing more money for GreenTrust. This would eventually result in pushing GreenTrust’s price to $0.0000000984.
If things go south, then the bears may strengthen their selling ability to dip the price of GreenTrust to $0.00000000255. If the bears keep increasing their selling power, the price of GreenTrust may continue plunging. If bears have the lead, then the investors may witness GreenTrust’s price dip to $0.00000000216.
The investors for GScarab (GSCARAB) are also jumping with aim of triggering a rally to push its price higher. In the past 24-hours, the investors have increased their buying power which has resulted in launching a 142.05% rally.
On January 31, 2022, GScarab’s value was at a low of $110. However, the investors have rushed their buying power in order to push GScarab’s price up to its current price of $249.68.
If the bulls show enthusiasm in accumulating GScarab on a larger scale, then the price of GScarab may get pushed up to $299.61.
This would allow the investors to launch another rally in favor GScarab that would result in pushing the price of GScarab up to $329.57. The trendline for GScarab is currently below line 50. This means that GScarab is moving in the bearish zone. However, the strong purchasing display from the investors’ end may push GScarab up to $362.53.
In the case where investors are not much confident about keeping up with the bullish trend, they may prefer siding with the bears. This would result in pulling GScarab’s price down to $224.71. If the sentiments remain poor from the investors’ side in favor of GScarab, then its price may dip to $202.24.
The post Price Analysis of GreenTrust (GNT) and GScarab (GSCARAB) appeared first on CryptocyNews.com.
from CryptocyNews.com https://www.cryptocynews.com/price-analysis-of-greentrust-gnt-and-gscarab-gscarab/
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